EURO Future JUN18 (CME)
Trading Signal
Long Position (EP) : 1.23770
Stop Loss (SL) : 1.23735
Take Profit (TP) : 1.23905
Description
E61! formed Double Repo Buy at 30m time frame. Trade setup with buy limit at 0.618 level of FR (1.23770) and place stop loss at 0.382 level of FR (1.23735). Once the position was hit, place take profit before an agreement (1.23905)
Money Management
Money in portfolio : $73,000
Risk Management (1%) : $730
Position Sizing
0.00005 = +-US$6.25
Commission fee = -2.47/contract
EP to SL = 0.00035 = -43.75/contract
Contract size to open = 10 contracts
EP to TP = 0.00135 = +$168.75
Expected Result
Commission fee = -$39.4
Loss = -$437.5
Gain = +$1,687.5
Risk/Reward Ratio = 3.47
Long Position (EP) : 1.23770
Stop Loss (SL) : 1.23735
Take Profit (TP) : 1.23905
Description
E61! formed Double Repo Buy at 30m time frame. Trade setup with buy limit at 0.618 level of FR (1.23770) and place stop loss at 0.382 level of FR (1.23735). Once the position was hit, place take profit before an agreement (1.23905)
Money Management
Money in portfolio : $73,000
Risk Management (1%) : $730
Position Sizing
0.00005 = +-US$6.25
Commission fee = -2.47/contract
EP to SL = 0.00035 = -43.75/contract
Contract size to open = 10 contracts
EP to TP = 0.00135 = +$168.75
Expected Result
Commission fee = -$39.4
Loss = -$437.5
Gain = +$1,687.5
Risk/Reward Ratio = 3.47
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